Turn Key Grocery/Convenience Store-Great Location For Sale

Kootenai County, ID

Turn Key Grocery/Convenience Store-Great Location For Sale

Asking Price:$140,000

Cash Flow:$56,023

Gross Revenue:$367,786




Real Estate:$299,000*


*not included in asking price.

Turn Key Grocery/Convenience Store-Great Location For Sale

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Business Description

Here is an excellent opportunity to own a very well established grocery/convenience in a beautiful part of the Gem State. Located on the same corner for decades, this has been a mainstay for area residents and college students alike. This is a turn key business with an estimated population of 35,000 within 5 minutes of the store. Stable and consistent earnings along with added growth potential for someone looking to expand it's size.

Detailed Information

Included in asking price
Real Estate:
Not included in asking price
Building Sq. Ft.:
3 FT/1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The store, which is centrally located, has very nice curb appeal and well positioned on a nicely landscaped corner lot which also happens to be on a busy main arterial. There is easy access in and out of the parking lot. A traffic light on the corner ensures traffic momentum halts right in front of the store. The store is well stocked and spotless. Seller owns the real estate as well and it is available to purchase if desired.
There are no immediate competitors in this part of town.
Growth & Expansion:
Inside the store is spacious and would accomidate growth by adding food/deli counter, DVD rental or ??. Sellers also owns two adjacent residential properties that may be purchased for future development. The two homes are currently rentals and available separately. Simple creative marketing would prove to be very beneficial as well.
Support & Training:
Will train for 2 weeks @ no cost. Owner currently manages the store but only works 1-3 days. Basic management duties include ordering of inventory, employee scheduling, banking, etc. Easily absentee owned or with minimal involvement. Sales also include beer, wine, tobacco products along with OTC medication.
Reason for Selling:

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Ken Bohenek

Business Listed By:
Ken Bohenek

Murphy Business & Financial Corporation

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Murphy Business

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